PTSB to seek London listing as part of push to raise €525m in IPO

PTSB to seek London listing as part of push to raise €525m in IPO
Jeremy Masding (left), group chief executive of Permanent TSB, with Alan Cooke, the bank’s chairman Picture: Maura Hickey

The beleaguered bank will begin raising the money just over a fortnight from now.

Permanent TSB will reveal details of its €525 million capital raising plan on Tuesday.

It is thought that the investigation could take several months to conclude.

The bank is defending all the challenges brought by Skoczylas.

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